Reasons to validate preliminary cost budgets

Only 57% of all projects finished within their initial budget last year, according to a report from the Project Management Institute (PMI)’s 2019 Pulse of the Profession survey. The survey identified inaccurate cost estimates as one of the leading causes of failure for projects that were deemed “failures” within the period of study.

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We understand how important accurate estimates are to you and your team in delivery your capital projects. We will work with you to establish, manage and control the cost of your capital program.

Our Services

Cost Consulting Services

Since our inception, we have helped clients deliver capital projects within budget, saved them money in reconciliations and negotiations and helped managed the cost of their capital projects. We continue to do that. We are called upon to provide conceptual and detailed estimates, provide third party cost estimate reviews, negotiate construction costs, and analyses project viability.

Planning and Budgeting

We blend estimating and forecasting to provide budgets that are reliable and defensible. Our planning and budgeting services draw on the experiences of professionals in economics, accounting, management and engineering to provide program budgets that are based on your obligations and requirements.

Project Management Support Services (PMSS)

Delivering successful programs requires more than management, it also requires expertise in technical skills and competencies to guide management in their decision making. At Danquah Group, we provide consulting, technical and management training in cost estimating, scheduling, contract management, risk management, administrative support to help you deliver your project